Walmart Cuts Health Care Coverage For Most Part-Timers In Wake Of Obamacare | WHAT REALLY HAPPENED

Walmart Cuts Health Care Coverage For Most Part-Timers In Wake Of Obamacare

Wal-Mart Stores Inc. plans to eliminate health insurance coverage for some of its part-time U.S. employees in a move aimed at controlling rising health care costs of the nation's largest private employer.

Wal-Mart told The Associated Press that starting Jan. 1, it will no longer offer health insurance to employees who work less than an average of 30 hours a week. The move affects 30,000 employees, or about 5 percent of Wal-Mart's total part-time workforce, but comes after the company already had scaled back the number of part-time workers who were eligible for health insurance coverage since 2011.

"We had to make some tough decisions," Sally Welborn, Wal-Mart's senior vice president of benefits, told The Associated Press.

Welborn said she didn't know how much Wal-Mart will save by dropping part-time employees, but added that the company will use a third-party organization to help part-time workers find insurance alternatives: "We are trying to balance the needs of (workers) as well as the costs of (workers) as well as the cost to Wal-Mart."

Webmaster's Commentary: 

And what do you want to bet that starting 1 January 2015, NO ONE WILL BE WORKING OVER 30 HOURS AT WAL-MART?!?

Sometimes, workers may have pre-existing conditions which may make it impossible to find adequate health insurance, particularly with what Wal-Mart pays them.

Corporations, in their lust for profitability over everything else, tend to have the morals of a trout; this decision makes that painfully clear on the part of to Board of Directors at Wal-Mart.

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